News

Just Retirement has accepted a buyout offer from private equity firm Permira, it has confirmed today.

Britain's tax system was deterring overseas insurers from relocating to the UK and risked damaging the long-term competitiveness of the world's oldest insurance market, Richard Ward, the chief executive of Lloyd's of London, said yesterday, reports The...

In London, share prices moved upwards as markets opened this morning, though the index is volatile following signs of economic weakness in the US.

Advisers are being invited to personal protection workshops designed to help them boost sales.

Most employees expect to delay their retirement as a result of the recession, Aon Consulting research suggests.

Nine out of ten advisers warn investors are over-exposed to UK equities and could be hit in the coming months as the current market rally starts to falter, according to research by Ignis Asset Management.

More than 40% of smaller employers in the UK would consider closing their existing pension schemes for the potentially less-generous Personal Accounts, a study suggests.

Bank of England governor, Mervyn King, says RBS and HBOS were within hours of a liquidity shortfall on 6 October 2008, and the day after, as the country's financial system came to the brink of collapse.

Hints this week the FSA may introduce a form of product regulation - including pre-approving individual products - has sparked debate among advisers.

FTSE Group has released the first in a set of currency indices in conjunction with Record Currency Management, which utilises the carry strategy to deliver out-performance.